Related posts · 7 posts

Only interest and dividends after losses and fees are taxed - this puts a number on the difference.

Gains on listed Korean shares are not taxed, yet the losses are allowed into the set-off.

Take out anything up to what you paid in and nothing happens - the Decree orders it that way.

On a 6 million won gain an ordinary account is taxed 924,000 won; a low-income ISA, 198,000. The savings in figures, whether the principal is protected, how to open one, and the 2027 reform bill.

Not every Korea-listed ETF is exempt. Bond and commodity ETFs are taxed 15.4% as ‘other assets’, and the crossover against foreign-listed funds sits at 8.33m won.

The common line that an IRP needs “six months of treatment plus 12.5% of wages” does not match the text. The 12.5% test belongs to DC plans; the general IRP article carries no such threshold. Articles 2, 14 and 18 of the Decree, side by side.

₩30M over 3 years: a 3.20% deposit nets ₩2.52M, a 3.50% parking account ₩2.76M, and the same 3.20% deposit inside an ISA ₩2.88M.